$6,994 Closing Credit*
$589,000
4,496 SqFt
5 Beds
•4 Full Baths, 1 Partial
Laurie Chervenic, Listing Office: Keller Williams Chervenic Rlty
Is Peninsula, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Peninsula was a Seller's Market.
Key Takeaway
Peninsula is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Peninsula, OH
How much do homes in Peninsula, OH cost?
Median Sold Price
$439,999
$179/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$56,299(+14.7%)
Key Takeaway
Homes in Peninsula have sold for 14.7% more than they did a year ago.
Summary: The median home sold price in Peninsula was $439,999 in October 2024, up 14.7% from last year, and the median price per square foot was $179.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $189.9K | $222.5K | +17.2% |
| 3 Bedrooms | $380K | $380K | 0.0% |
| 4 Bedrooms | $408K | $579.9K | +42.1% |
| 5+ Bedrooms | $460.7K | $650K | +41.1% |
Summary: Peninsula housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 17.2%, 3 bedroom homes did not change, 4 bedroom homes increased by 42.1%, and 5+ bedroom homes increased by 41.1%.
Housing Supply in Peninsula, OH
How many homes are available in Peninsula, OH?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 11 | 13 | +18.2% |
Summary: The Peninsula real estate market had 13 homes for sale in October 2024, a 18.2% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 4 | 5 | +25.0% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 2 | 1 | -50.0% |
Summary: The Peninsula housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 50%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 4 | 1 | -75.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Peninsula, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Peninsula in October 2024, down by 75.0% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Peninsula, OH
How long does it take to sell a home in Peninsula, OH?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 50 Days | 15 Days | -70.0% |
Summary: Homes in Peninsula had an average of 15 days on market in Oct 2024, down by 70% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Peninsula are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 1 homes were sold in Peninsula; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
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